Famous Company Expands in San Juan, Hiring Up to 180 New Employees

In San Juan, Puerto Rico, Terumo Puerto Rico has announced an expansion of its medical device manufacturing operations in Caguas, creating more than 180 new jobs on the island.

The expansion, driven by a $50 million investment from Terumo and supported by government incentives, will add over 180 positions to the local workforce. This development was announced by Governor Jenniffer González Colón during an event at the Caguas facility, where she was joined by Terumo CEO Hikaru Samejima and other senior company executives, along with economic development officials and local legislators.

The Terumo plant in Caguas produces medical devices and is part of the company’s broader operations in Puerto Rico, which have been strengthened through recent reshoring initiatives by the Government of Puerto Rico. The facility’s expansion reflects ongoing efforts to attract and retain high-value manufacturing investments in the life sciences sector.

This announcement aligns with broader trends of corporate investment in Puerto Rico’s industrial base. In recent months, other companies have also announced significant expansions, including Collins Aerospace’s $40 million investment in Santa Isabel and Aguadilla, Amgen’s $650 million biopharmaceutical expansion in Juncos expected to add 750 jobs, and Eli Lilly’s over $1.2 billion investment in Carolina to modernize its pharmaceutical manufacturing operations, which will create 1,100 jobs from construction and operations while preserving 1,000 existing positions.

Millicent Pharma established operations in Fajardo with a $45.5 million investment in machinery, equipment, infrastructure, and working capital, marking the first pharmaceutical company to set up on the island in 15 years. These developments are part of a coordinated strategy to revitalize Puerto Rico’s manufacturing sector through public-private partnerships and targeted incentives.

The Terumo expansion in Caguas contributes to the growing number of life sciences and advanced manufacturing projects on the island, reinforcing Puerto Rico’s role as a hub for medical device and biopharmaceutical production serving global markets.